Question: Remember to post the statement or prompt, followed by your response, define and explain why the statement regarding the agreement is valid, void, or voidable.

Remember to post the statement or prompt, followed by your response, define and explain why the statement regarding the agreement is valid, void, or voidable. No citations required for 1-3.

1. Jim, who is 17 years old, agrees to buy Sallys property for $200,000. They sign a purchase agreement. 2. Betty pressures her elderly neighbor, Marly, into signing a contract that allows Betty to buy Marlys house at a price well below its market value.

3. On Monday, Carlos offers to buy Alicias house for $650,000. The offer states that Alicia must respond by mail by Wednesday. On Wednesday morning, Alicia drops an acceptance letter into the mailbox at her local post office. Carlos doesnt receive the acceptance until Thursday.

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